Dai (DAI) is currently trading at $1 USD, reflecting a slight 24-hour change of 0.05573%. The daily price range has been stable, oscillating between a high of $1.001 and a low of $0.998976, indicating that DAI remains closely pegged to its dollar value.

Trading volume over the past 24 hours is reported at 132,323,614, which represents a volume to market cap ratio of 3.02%. This relatively low volume indicates that DAI is maintaining its peg with limited speculative trading, aligning with its nature as a stablecoin.

The hourly moving averages exhibit minor upward trends, with the 8, 13, and 21 SMA all around $0.9997, reflecting a steady price. The 55 and 144 SMAs slightly differ at $0.9996 and $0.9997, respectively, further confirming the short-term stability around the $1 mark.

The 1-hour Relative Strength Index (RSI) stands at 55, suggesting neutral momentum without overbought or oversold conditions. However, the 7-day RSI at 50 indicates that the price trend has been flat, while the 14-day and 30-day price changes of 0.0415% and 0.0275%, respectively, reflect a slight bullish sentiment over the longer term.

Historically, DAI reached an all-time high of $1.22 on March 13, 2020, but its design aims to maintain a stable value at $1. Given its current price stability and low volatility, DAI continues to serve its purpose as a stable asset within the cryptocurrency market.

In conclusion, the analysis indicates that Dai remains firmly pegged to the US dollar with minimal fluctuations. Therefore, the recommendation is a Buy rating for those looking to hold a stable asset in their portfolio, as DAI continues to perform its intended function effectively.